Accelerating Infrastructure,
Leveraging Intelligence.

Ambuja Cements Limited
Integrated Annual Report 2025-26

Green
Products
India's Most
Trusted Cement Brand
Pioneering
Digitalisation
Committed to
Net-zero by 2050

Accelerating Infrastructure, Leveraging Intelligence.

Building speed, scale, and intelligence that tomorrow’s India demands.

For years, the Adani portfolio of companies has demonstrated its ability to create critical large-scale infrastructure across energy, transport, logistics, and utilities through disciplined execution and capital allocation.

Riya Rathore
Adani Cement, PSC (Process), Bhatapara, Chattigarh
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Message from the Chairman

Accelerating Infrastructure,
Leveraging Intelligence.

While others debated, your Group built, advancing its journey as the world’s most integrated infrastructure platform – across energy, transport, logistics, utilities and industrial manufacturing.

Gautam Adani
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Gautam Adani, Chairman

CEO's Message

Building Future-ready
Foundations

On our journey of ‘Accelerating Infrastructure, Leveraging Intelligence’, we embedded advanced digital platforms and artificial intelligence (AI) driven analytics across operations, planning and market execution.

Vinod Bahety
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Vinod Bahety, CEO — Cement Business

Highlights of the Year

Growth Trajectory

*The Company has changed its financial year ending from December 31 to March 31. FY 2022-23 was for 15 months
(January 01, 2022 - March 31, 2023). Therefore, the data for FY 2023-24, FY 2024-25 and FY 2025-26 is not comparable with the figures for the previous 15 months year ended March 31, 2023.

**Restated, refer Note 68 (h) of Consolidated Financial Statement

Coastal Road, Mumbai

At a Glance

A Global Building Materials Powerhouse

Ambuja Cements, part of the Adani portfolio, is the world's ninth-largest building materials and solutions company.

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Our Presence

Adani Cement's Presence in 31 States and UTs across 665+ Districts

0 MTPA
Capacity
0
Integrated Units
0
Grinding Units
0
Ready-Mix Concrete Plants
0
Bulk Cement Terminals
0
Captive Ships
0
Jetties
0+
Channel Partners across India
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Map of Ambuja, ACC and Orient cement plants across India
Integrated Plants
Grinding Units
Bulk Terminal
Ambuja
ACC
Orient

ESG Performance Highlights FY 2025-26 (Standalone)

Commitment to a Greener Tomorrow

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SBTi
Net Zero
Commitment
By 2050 Validated by SBTi
TNFD
TNFD
Recommendations Adopted
2.25 million
Trees Planted till FY 2025-26
31%*
Renewable and Green power used
12x
Water Positive
7.23x
Plastic Negative
9.78 million tonnes
Waste Derived Resources Used
GHG Emissions
(in kg/tonne of cementitious material)
595
Gross Scope 1 Emissions
18.5
Scope 2 Emissions

*In addition, the Company has sold 5,529 lakh KWh of units of renewable energy to grid which has resulted in avoiding 3,92,530 tonnes of CO2 emissions.

3.72 million
CSR Outreach
62.02 crore
CSR Spent
89.41%
Directly Sourced from Within India
60,000+
Channel Partners
Zero complaints
For Data Security
100%
Board Committees chaired by
Independent Directors
‘Good’ Rating
in Indian Corporate Governance
Scorecard (2024-25) by IIAS
Zero Complaints
on Human Rights

At a Glance

Landmark Projects in FY 2025-26

Anchored in a long legacy of nation-building, the Company remains a trusted partner in some of India’s most iconic infrastructure projects.

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Capital-wise Performance

Ambuja Cements’ performance across the six capitals reflects a holistic approach to value creation beyond financial outcomes. By strengthening financial, manufactured, human, intellectual, natural, and social capital, the Company advances sustainable growth, resilience, and long-term stakeholder value through resource optimisation, capability building, environmental stewardship, and community partnerships.

Financial Capital
Moving Ahead with Strength and Stability

Ambuja Cements maintains strong financial discipline, remaining debt-free with CRISIL and CARE AAA (Stable) and A1+ ratings. Institutional execution capabilities have enabled premiumisation to become a competitive advantage, with premium and specialised products contributing over one-third of trade sales.

UN SDGs Impacted
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Manufactured Capital
Building Scale, Ensuring Operational Excellence

Ambuja Cements' manufacturing facilities are engineered for efficiency, cost leadership and sustainability. Through continuous investments in modern technologies, capacity expansion, process optimisation and rigorous quality control, the Company has strengthened its growth platform. A balanced focus on greenfield and brownfield projects continues to grow its capacity while ensuring market leadership.

UN SDGs Impacted
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Intellectual Capital
Innovating for a Tech-enabled Tomorrow

Ambuja Cements strengthens its intellectual capital through targeted investments in digital transformation, advanced analytics and innovationled R&D. Machine learning enhances predictive maintenance, decision-making and efficiency, while partnerships advance sustainable products and decarbonisation. AI integration is accelerating the growth of internal processes and powering future-ready growth, embedding technology-driven innovation across the value chain sustainably.

UN SDGs Impacted
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Human Capital
Empowering People to Power Growth

The Adani Group’s commitment to nurturing its workforce guides the people policy at Ambuja Cements. The Company has aligned its human capital approach with its core values, focusing on fostering a culture of empowerment and inclusion at the workplace. The Company makes continuous investments in technology, digitalisation and innovation to promote the welfare, well-being and sustained development of its employees.

UN SDGs Impacted
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Natural Capital
Building Strength for a Greener Tomorrow

Ambuja Cements is accelerating its journey towards Net Zero by 2050 through green power, lower fossil fuel dependence and circularity-led initiatives. Sustainability is embedded across strategy and operations, while a robust ERM framework helps transform climate risks into opportunities for innovation and resilient growth, aligned with the UN SDGs.*

*The details in Natural Capital section for FY 2025-26 include data of Sanghi Industries Limited and Penna Cement Industries Limited which merged with Ambuja Cements Limited w.e.f. March 12, 2026, and April 10, 2026, respectively.

UN SDGs Impacted
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Social and Relationship Capital
Responsibly Fostering Community Engagements

Ambuja Cements places community development and stakeholder engagement at the core of its responsibility approach. Using Participatory Rapid Appraisal and digital platforms, the CSR team designs programmes aligned to local needs.

UN SDGs Impacted
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Sustainability Pillars

Ensuring Sustainable Progress

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Business Opportunities

Expanding the Growth Horizon

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Strategic Priorities and Progress

Creating Value, Sustaining Growth

S1
Accelerating Growth
S2
Strengthening the Iconic Brands
S3
Leading in ESG Standards
S4
Delivering Superior Performance
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